CRE managing director: “There are plenty of buyers for Houston”

Industrial, often cited as one of the more resilient corners of Houston commercial real estate, has had its fair share of ups and downs.

As a whole, industrial is performing well. The greater Houston area’s industrial occupancy rate is hovering at around 94 or 95 percent, and crane-served manufacturing buildings have really absorbed most of the brunt of the oil slump.Houston can expect to see a bit of a slowdown in new industrial projects breaking ground, too, but that may not be a bad thing, considering the market’s healthy occupancy numbers.

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